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Searched Tag: middle east unrest crude oil prices soar
India imports about 40 per cent of all its oil and about half of its gas through the narrow Strait of Hormuz that lies between Iran to the north and Oman and the United Arab Emirates to the south

India stocks up on oil as Iran-Israel war intensifies

June 22, 2025, 03:14 PM - 6 min read

Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June – the highest in the last two years – as Iran threatens closure of the Strait of Hormuz

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The uncertainty surrounding escalating tensions in the Middle East have led to soaring crude oil prices, keeping the markets on a tipping point

Crude oil prices up as world awaits US decision on war

June 20, 2025, 01:54 PM - 3 min read

Oil prices have been fluctuating as fears rise and ebb that the conflict between Israel and Iran could disrupt the global flow of crude

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A ‘well-oiled’ economy in jeopardy

June 19, 2025, 04:18 PM - 4 min read

Escalating tensions in the Middle East have already sent oil prices soaring. Will India’s ‘resilient’ economy be able to withstand the tremors in global markets and disruption in oil supply routes?

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Crude oil prices up 7 pc as Israel-Iran conflict escalates

June 14, 2025, 06:13 PM - 2 min read

The rise marked the biggest single-day gain in oil prices since Russia invaded Ukraine in 2022

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